Vaughan ON June 28, 2023 — Sterling Industries confirmed it will participate in the new Hardware Angel Network (HAN), Canada’s only hardware- and deep-tech focused investor network. Launched today by ventureLab at Collision 2023, HAN is tailored to the needs of hardware startups, and will offer curated investment opportunities to support companies building transformational products and solution that have global impact.
“There is a clear need to bring together hardware-focused startups and investors”, said David Van Slingerland, CEO of Sterling Industries. “We know from working with local Medical Device innovators that hardware innovation has a ripple effect, leading to more jobs, more capital investment, more partnerships, and stronger supply chains.“
As a private sector member, Sterling looks to support Medtech-focused startups bringing innovative Medical Devices to market, while sharing insights and experience with more than 25 prominent Canadian investors who are founding members of the Hardware Angel Network. Sterling’s involvement extends its ongoing cooperation with York Region’s ventureLab, including partnership in the ground-breaking Medtech Innovation Lab, part of the incubator’s Hardware Catalyst Initiative. Designed to help Medtech startups refine and validate their solutions, Sterling Industries recently cut the ribbon for the new Lab, which it hosts inside one of its advanced manufacturing facilities.
About Sterling Industries
Sterling Industries is a North American-based contract manufacturer of medical devices. We help our clients — from Fortune 100 OEMs to innovative startups — deliver their innovative Medtech solutions by providing compliant, end-to-end manufacturing solutions, including Design for Manufacturing expertise, supply chain management, final assembly, sterilization, packaging, and more.
About ventureLab
ventureLAB is a leading global founder community for hardware technology and enterprise software companies in Canada. ventureLAB’s initiatives focused on raising capital, talent retention, commercializing technology and IP, and customer acquisition have enabled thousands of companies to create over 5,000 jobs and raise more than $340 million in investment capital. At ventureLAB, we grow globally competitive tech titans that build-to-scale in Canada, for global markets.
About Hardware Angel Network
At the Hardware Angel Network, we are improving access to capital for Canadian deep-tech and hardware companies by bringing together a community of aligned investors. We are creating the largest community of hardware and deep-tech investors in Canada.